SPDR Gold Market Risk Adjusted Performance
| GLDM Etf | | | USD 99.16 -0.04 -0.04% |
Observed values used to calculate the Market Risk Adjusted Performance technical indicator for SPDR Gold Mini. Indicator values reflect available price and volume data where applicable.
SPDR Gold Mini has current Market Risk Adjusted Performance of 0.6036.
MRAP | = | ER[a] + (1/BETA - 1) | X | ER[a] - RFR) |
| = | 0.6036 | |
| ER[a] | = | Expected return on investing in SPDR Gold |
| RFR | = | Risk Free Rate of return. Typically T-Bill Rate |
| BETA | = | Beta of the asset with market or selected benchmark. |
SPDR Gold Market Risk Adjusted Performance Peers Comparison
SPDR Market Risk Adjusted Performance Relative To Other Indicators
SPDR Gold Mini takes the leading position in market risk adjusted performance against similar ETFs. It is currently under evaluation in maximum drawdown against similar ETFs producing
23.05 in Maximum Drawdown for each unit of Market Risk Adjusted Performance. The spread between Maximum Drawdown and Market Risk Adjusted Performance for SPDR Gold Mini sits at
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